VLGC rates continue to be hammered as uncertainty over the Ukraine crisis clouds the outlook for owners.

But some analysts see hope of increased gas production elsewhere to boost tonne-miles and reduce reliance on Russian supplies.

Clarksons Platou Securities estimates average VLGC earnings at $13,100 per day, down 38.6% over the last seven days.

Brokers at parent shipbroker Clarksons said rates in Asia held stable due to a healthy number of fixtures.